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Feb 1, 2013
02/13
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you've got tax reform on the table. and you've got deficit reduction and the need for bipartisan compromise on the table. what does it mean to that process that max and mitch are both up for reelection in 2014? >> it may be inside baseball but o boy oh, boy it makes it a lot tougher. really tough. max came in when i did. 78. and here he is, chairman of that finance committee and he is up for reelection. he was on our commission. felt limited i think in some ways. he was on the super commission. they did nothing. that failed. now he's got to come out and take on everybody in that huge pile of tax expenditures. realtors, life insurance -- he is headed for -- it will take a lot more than two years and especially in a reelection year. now mcconnell in reelection year. >> potential primary for mitch mcconnell? >> i think scenarios are set for anybody that violate the mantra or whatever the great issue is. the great base, whatever the base is. but if you get out there and mess around with that, they will pick you up in the pr
you've got tax reform on the table. and you've got deficit reduction and the need for bipartisan compromise on the table. what does it mean to that process that max and mitch are both up for reelection in 2014? >> it may be inside baseball but o boy oh, boy it makes it a lot tougher. really tough. max came in when i did. 78. and here he is, chairman of that finance committee and he is up for reelection. he was on our commission. felt limited i think in some ways. he was on the super...
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Jan 28, 2013
01/13
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yes we have the lower taxes now. what has not changed is the russians, the chinese, a lot of the foreign buyers they want to get money out of their countries into some place safe. i call these safe deposit boxes with a view. basically they're looking for a safe place to park their money. i'm curious what dolly thinks. but i see that decelerating with the political uncertainty in china. >> what are you seeing? >> absolutely. it's new york, california, all the usual suspects. we're trying to get a few chinese buyers to look at florida. they have not looked at florida at all. miami, palm beach, or any big hot spot. we're trying to get them interested there. if they do get interested, that becomes a super surge in that market. >> and what's your sort of sales pitch? do you think that once you buy into a place like new york or california that the values stay pretty steady? i mean, what's the sales pitch buying into these big cities? >> i think b the rental is very good if you want the exit strategy of a rental. they're go
yes we have the lower taxes now. what has not changed is the russians, the chinese, a lot of the foreign buyers they want to get money out of their countries into some place safe. i call these safe deposit boxes with a view. basically they're looking for a safe place to park their money. i'm curious what dolly thinks. but i see that decelerating with the political uncertainty in china. >> what are you seeing? >> absolutely. it's new york, california, all the usual suspects. we're...
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Jan 25, 2013
01/13
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it's not till november that the tax laws allow that to be. i do believe it's going to blow a quarter. i think mtw should split itself up into two separate companies. food, service, and cranes. remember those ice machines when you go out to -- ice machines, you feel like you're getting something for free. it's really water. we also get results from beemus. its tom symbol is bms, which stands for buy my stock. here's the stock i mentioned earlier this week as part of the brand new bull market in packaging of all things. you're going to sey 15id that. i'm expecting a very good quarter after the close. we get the new one, the ipo, barry plastics. the other packaging bull market player. i think there's a lot to like here too. on the lookout for both of these. if buy my stock goes down ahead of when it reports, buy its stock. all right. now, on friday morning i think you're going to see the contrast between the world's largest oil company, exxon, which has truly become a serial disappointer, and chevron, which has become a company that delivers som
it's not till november that the tax laws allow that to be. i do believe it's going to blow a quarter. i think mtw should split itself up into two separate companies. food, service, and cranes. remember those ice machines when you go out to -- ice machines, you feel like you're getting something for free. it's really water. we also get results from beemus. its tom symbol is bms, which stands for buy my stock. here's the stock i mentioned earlier this week as part of the brand new bull market in...
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Jan 26, 2013
01/13
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we've raised taxes by $200 billion a year. the reason that u.s. stocks are up 5% after this horrible thing we've done to our selves that under norm circumstances would cause a recession is because we're in a global economy and every other major country in the world is doing the right thing while we're doing the wrong thing. that's propping us up. we're fine, we'll have a great year. these other countries doing things right, that aren't kicking the can down the road, they're going to have fabulous years. that's where you want to put your money, my friend. >> i was reporting in 2007 when we hit dow 14,000 and everyone got slammed on that. there's a hesitance at these levels. what's not getting talked about enough is the impact on consumer sentiment. if you go to any coffee shop, grocery store, anywhere in this country, people are looking at their 401(k), they feel better and i think that will translate into positive consumer spending, which filters into the whole economy. >> the retail investors is getting involved. the money flows are ramping up tr
we've raised taxes by $200 billion a year. the reason that u.s. stocks are up 5% after this horrible thing we've done to our selves that under norm circumstances would cause a recession is because we're in a global economy and every other major country in the world is doing the right thing while we're doing the wrong thing. that's propping us up. we're fine, we'll have a great year. these other countries doing things right, that aren't kicking the can down the road, they're going to have...
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Jan 26, 2013
01/13
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government stimulus in japan now in order to help pull them out of a recession, and then there's also a new tax change that's being put in place in roughly 2014. so there's some additional spending taking place there. but i think that the rebuilding that's taking place today as you comment is very different from what took place after the kobe earthquake. >> i've got to tell you, dan, this is the best i've seen your company. you've got the real estate trust structure. thank you so much. it's perfect. great to see you, sir. >> great to talk to you, jim. thanks. >> my charitable trust sold it. after listening to what i just heard, we shouldn't have sold. this is just a really good stock. wy is really, really right. dan fulton's got it together. stay with wy. stay with cramer. >> coming up, clash of the titans. missed the sparks fly on cnbc today? >> carl, you want to bid for the company, go ahead and bid for the company. >> you don't have to tell me what i'm free to do. >> two big money managers are clashing over herbalife. cramer's translating all the lingo to let you know what it all means for t
government stimulus in japan now in order to help pull them out of a recession, and then there's also a new tax change that's being put in place in roughly 2014. so there's some additional spending taking place there. but i think that the rebuilding that's taking place today as you comment is very different from what took place after the kobe earthquake. >> i've got to tell you, dan, this is the best i've seen your company. you've got the real estate trust structure. thank you so much....
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Feb 1, 2013
02/13
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tax situation we have? i guess that would be a passive, right? and probably at least acknowledging, if the democrats would acknowledge that entitlements are a problem, maybe that would help, right, even if you don't do it immediately? >> so here's the good news. good news is we're so far inside best practices for delivering fiscal policy there's lots of things that we can do to get us to a better position. republicans have to recognize you have to raise the average tax rate. democrats have to recognize the best way to do it isn't raising marginal rates and underwriting an inefficient system. >> as someone who spent last week at davos and he said that he talked to a large number of european ceos who are eager about investing in the united states because of our projected suspensionly lower energy policy because of shell of course we're going to get out of our way and saying let them do it. but that's encouraging that they can think about moving plants here now. >> absolutely. i was at davos, too, and the most
tax situation we have? i guess that would be a passive, right? and probably at least acknowledging, if the democrats would acknowledge that entitlements are a problem, maybe that would help, right, even if you don't do it immediately? >> so here's the good news. good news is we're so far inside best practices for delivering fiscal policy there's lots of things that we can do to get us to a better position. republicans have to recognize you have to raise the average tax rate. democrats...
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Feb 1, 2013
02/13
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no suggestion there was any motivation about the proposed 57% tax. >>> and we're just about two days away from one of the biggest sporting events in america. the super bowl. the baltimore ravens and the san francisco 49ers are battling it out. there will be plenty of auction off the field. brian shactman has been taking a look at the business of advertising ahead of the big game. >> everyone has their choice for what they consider a classic super bowl ad. whether you like contact, any use of the force, as well as inanment objects knowing how to get down. >> it's that kind of party. hit it. >> the super bowl is one part football, one part tailgate and one part cultural super bowl phenomenon dating back 30 years. >> when we all saw that 1984 xlushl for apple, i think that's when we really all started to loot a commercials in a different light for the super bowl. >> fast forward to 2013 and the ads are scrutinized as much as the game and the cost is enormous. mercedes benz made an eight-figure commitment and brought in super model kate upton to launch an entirely new line of cars. >> it
no suggestion there was any motivation about the proposed 57% tax. >>> and we're just about two days away from one of the biggest sporting events in america. the super bowl. the baltimore ravens and the san francisco 49ers are battling it out. there will be plenty of auction off the field. brian shactman has been taking a look at the business of advertising ahead of the big game. >> everyone has their choice for what they consider a classic super bowl ad. whether you like...